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AccountsIQ

Cloud-based accounting software for medium-sized businesses

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AccountsIQ Pricing, Features, Reviews and Alternatives

AccountsIQ product overview

Price starts from

199

/user

Per month

What is AccountsIQ?

AccountsIQ is cloud accounting software for medium-sized companies that assists businesses in investment management, financial services, retail, hospitality, and other sectors with group accounting, cash flow forecasting, budgeting, and financial reporting. It enables stakeholders to gain visibility into payments due, funds allocation and customer balances, and quickly process electronic invoices and statements on a unified platform.

Key benefits of using AccountsIQ

• Multi-dimensional reporting - users can easily interpret company performance with 250 standard reports, dashboards and management packs. Custom reports can be produced by user easily via the Excel Add-In and Power BI connectors.
• Automated consolidation feature saves a huge amount of time and means multiple companies and different currencies can be consolidated at the click of a button.
• Accounting and budgeting - General Ledger, budgeting, cash flow forecasting, management and reporting, multi-currency transactions
• Simultaneous real-time access to accounting records and easy drill-down to business documents
• Flexible BI coding and General Ledger allows detailed and granular reporting and you can benchmark performance across the group or branch network.
• Mobile applications help streamline workflow approval of purchase orders and invoices and employees can easily submit and approve expenses with the Expense Capture App.
• The Time and Expenses Module helps users manage projects and avoid Revenue Leakage.
• A simple to use stock management facility, allows users to manage multiple price lists and stock locations.
• System is fully scalable in terms of user and transaction volumes and easy to add on extra entities and modules.
• Integrates with other cloud business systems such as Salesforce, Proforecast, Concur, AutoEntry, iCompleat, Chaser, TransferMate Global Payments, BrightPay Payroll and many others.

Typical customers

Freelancers
Small businesses
Mid size businesses
Large enterprises

Platforms supported

Web
Android
iPhone/iPad

Support options

FAQs/Forum
Email/Help Desk
Phone Support
Knowledge Base
Chat

Training options

Webinars
Live Online
Videos
In Person
Documentation

AccountsIQ pricing information

Value for money

4.8

/5

24

Starting from

199

/user

Per month

Pricing options

Free plan
Subscription
Free trial
Pricing range

AccountsIQ features

Functionality

4.5

/5

24

Total features

68

9 categories

Most valued features by users

Reporting & Statistics
Activity Dashboard
API
Third Party Integrations
Reporting/Analytics
Data Import/Export
Compliance Management
Billing & Invoicing

AccountsIQ users reviews

Overall Rating

4.7

/5

24

Positive reviews

Rating breakdown
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8.76/10
Rating distribution

5

4

3

2

1

18

5

1

0

0

Pros
It has an overall high standard of functionality and is incredibly reliable, with top quality support in the event of an issue.
Very positive experience with AIQ , great functionality within the system , ease of use.
Employed as a finance assistant to help input invoices on the system and was able to pick up the system very quickly as very ergonomic and the learning portal is very comprehensive.
Cons
This is probably due to my own lack of experience or training on the software.
Difficulties in editing my mistakes particularly where a payment or receipt is "locked in" by a bank reconciliation or a purchase is "locked in" to the trade creditors ledger.
We struggled previously with complex spreadsheets and a time-consuming manual process, but with AccountsIQ, it is a simple solution to a complicated problem.
Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Accounts IQ transformed our business

Reviewed 2 years ago

Accounts IQ has helped us to create a much more streamlined, better-controlled and more effective finance team. The back office processes are more efficient, and the enhanced reporting provides us with deeper and richer insights into our business performance. The price point is also very reasonable for the level of functionality that we now have.

Pros

Being cloud-based has been a significant factor for us. One of the main other reasons for selecting Accounts IQ was the consolidation functionality which works really well. In terms of fitting in with our business processes, it gives us so much more functionality that it has helped to drive necessary changes in the way that we operate, in a very beneficial way.

Cons

The only real challenge we found was with our staff getting used to a different software system to do their work. Otherwise it has only improved our processes, controls and reporting.

Vendor response

Thanks Alastair for such a glowing review!

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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AccountsIQ Saves us a Day a Week in Processing Time

Reviewed 4 years ago

The structure of the coding framework in AccountsIQ is extremely flexible and saves us so much time when preparing our external financial reports. We have added seven or eight entities since implementing AccountsIQ and we simply replicate the original model for each new subsidiary. It is a very uncomplicated approach and a time-saving solution for group companies. We've integrated AccountsIQ with...

Pros

AccountsIQ saves us a day a week in processing time in data entry from other business systems, reconciliation, and automated invoice processing which allows us to spend more time on strategic tasks such as analysing and presenting information so that the senior management team can make more informed decisions. AccountsIQ simplifies complex consolidation procedures; and has enabled us to integrate...

Cons

There isn't anything I don't like and we're glad we found AccountsIQ.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend6/10

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Meitheal

Reviewed a year ago

We are using AIQ for the past 4 years. Reporting was back there very unreliable and the format not very friendly. On the other hand, I can say the progress and development on everything else is fantastic. I like working it.

Pros

support team is excellent. Whenever I need a guidance or assistance, support team reacts promptly with no delays.

Cons

Generating and search for the report is sometimes time consuming.

Vendor response

Hi Marianna - thanks for your review, glad you like using AccountsIQ accounting software.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support

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Staff & clients love using AccountsIQ software, it allows us to access live information in the cloud

Reviewed 5 years ago
Pros

AccountsIQ helped us to move away from the old model of sharing data sets with clients. We can work much more easily with our clients now, sharing access to the same real-time information stored in the Cloud. AccountsIQ has become an important part of our ongoing development, and is part of our strategy to move forward. The software enables us to offer our services to new consumer-based sectors such...

Cons

No cons were added to this review

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Easy to use with advanced reporting and consolidation functionality and a flexible, scalable system.

Reviewed 5 years ago

Consolidation and multi-currency accounting Easy to produce hotel industry reports Faster invoice processing Reduced risk of human error Remote access Extended business analytics Easy integration with other systems

Pros

AccountsIQ is an advanced accounting solution which helps us attract business from larger, multinational hotel groups. Its complex functionality gives us the level of complexity, reporting and consolidation needed to win business at the higher end of the market e.g. multi-company consolidation and multi-currency accounting. We find AccountsIQ easy to use and it can be easily configured to pull...

Cons

No cons were added to this review

AccountsIQ FAQs and common questions

Q. What type of pricing plans does AccountsIQ offer?

AccountsIQ has the following pricing plans:
Starting from: €199.00/month
Pricing model: Subscription
Free Trial: Available


Q. Who are the typical users of AccountsIQ?

AccountsIQ has the following typical customers:
Large Enterprises, Mid Size Business, Non Profit, Public Administrations, Small Business


Q. What languages does AccountsIQ support?

AccountsIQ supports the following languages:
English


Q. Does AccountsIQ support mobile devices?

AccountsIQ supports the following devices:
Android, iPhone


Q. Does AccountsIQ offer an API?

Yes, AccountsIQ has an API available for use.


Q. What other apps does AccountsIQ integrate with?

AccountsIQ integrates with the following applications:
Fourth Suite, Expensify, SAP Concur, AutoEntry, Salesforce Platform


Q. What level of support does AccountsIQ offer?

AccountsIQ offers the following support options:
FAQs/Forum, Email/Help Desk, Phone Support, Knowledge Base, Chat

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